The business behind the show

James Murdoch named deputy COO of News Corp.

March 30, 2011 | 7:17
am

James Murdoch has moved one step closer to the top spot at News Corp., the media giant run by his father, Rupert Murdoch.

Early Wednesday morning, News Corp. named the younger Murdoch deputy chief operating officer of the company and chairman and chief executive of its international operations. He will continue to report to Chase Carey, News Corp.'s deputy chairman and president.

As part of his new duties, Murdoch will relocate from the company's U.K. offices to its New York headquarters to be closer to his father and Carey.

"We are confident that James’ deep knowledge of international markets, his proven leadership, and his passionate focus on building consumer relationships make him the ideal person to help us realize these opportunities across all our companies," Carey said in a statement.

Murdoch is often mentioned as the leading candiate to succeed his father. Rupert Murdoch recently turned 80. Daughter Elisabeth, however, also recently returned to the company after selling her production company Shine to News Corp. She too is well-regarded inside and outside the media conglomerate.

Also, James Murdoch is not the first to hold the deputy COO title. His older brother Lachlan had that post before he left the company after clashing with with News Corp. executives.